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Stock impact report

Enterprises to Redefine Cyber Resilience with Rackspace and Rubrik

Rackspace Technology, Inc. (RXT) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, April 30, 2025 (GLOBE NEWSWIRE) -- LIVE! from RSAC, Rubrik (NYSE: RBRK), a leading cybersecurity company, and Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced a strategic partnership. The two companies will collaborate to deliver a fully managed isolated recovery service, Rackspace Cyber Recovery Cloud powered by Rubrik, to help enterprises achieve true cyber resilience and ensure business continuity in the event of a cyber attack. By combining Rubrik's data protection and cyber recovery software with Rackspace's hybrid cloud expertise and global data center footprint, this partnership addresses immediate cyber recovery needs and empowers businesses to reduce their operational risk as a competitive advantage. Why does this matter? Organizations today face increasing ransomware threats, with attacks becoming more sophisticated, frequent, and devastating as 92% of victims experience data encryption and 6 Show less Read more
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